Riyadh – Mubasher: The Saudi Central Bank (SAMA) has approved for Salama Cooperative Insurance Company to renew its licence of practicing insurance activity in the Kingdom.

The Saudi listed company will be authorised to practice general as well as health insurance upon licence renewal, according to a bourse filing on Wednesday.

The three-year licence duration will start on 30 March 2022 and end on 25 February 2025.